Sawaal

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Q:

Match the characteristics with their market structure:
(a) Price > MC in both short and long run
(b) Faces highly elastic demand

A) (a) Monopolistic competition, (b) Pure competition B) (a) Pure Monopoly, (b) Monopolistic competition
C) (a) Pure competition, (b) Monopolistic competition D) (a) Oligopoly, (b) Pure competition
 
Answer & Explanation Answer: B) (a) Pure Monopoly, (b) Monopolistic competition

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If one more baker is hired the output of a bakery will increase from 1250 breads to 1400 breads per day, but then the bakery will have to reduce the price of the bread from Rs 15 to Rs 14 per unit to sell the additional output, the marginal revenue product of the last baker is _______.

A) Rs 850 B) Rs 150
C) Rs 1960 D) Rs 1875
 
Answer & Explanation Answer: A) Rs 850

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

For a good that is a luxury demand

A) has unit elasticity B) tends to be inelastic
C) tends to be elastic D) cannot be represented
 
Answer & Explanation Answer: C) tends to be elastic

Explanation:

For a good that is a luxury demand tends to be elastic.

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Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

3 1300
Q:

Nita Ambani became the first Indian woman to join the ___ as an Individual Member.

A) International Olympic Committee B) International Paralympic Committee
C) Indian Olympic Association D) None
 
Answer & Explanation Answer: A) International Olympic Committee

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Filed Under: Sports
Exam Prep: Bank Exams
Job Role: Bank PO , Bank Clerk

0 1300
Q:

If the measures of the angles of a triangle are in the ratio. 1:2:3 and if the length of the smallest side of the triangle is 10cm, then the length of the longest side is

A) 20cm B) 22cm
C) 24cm D) 18cm
 
Answer & Explanation Answer: A) 20cm

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

Soda water was invented by

A) Tivadar Puskas B) Joseph Priestley
C) Petrache Poenaru D) James Leonard Plimpton
 
Answer & Explanation Answer: B) Joseph Priestley

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Filed Under: Inventions
Exam Prep: Bank Exams

1 1300
Q:

Who started Ganesha Festival?

A) Mahatma Gandhi B) Lokmanya Tilak
C) Pandit Nehru D) Indira Gandhi
 
Answer & Explanation Answer: B) Lokmanya Tilak

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

Informal summit held in which city of Russia?

A) Moscow B) Sochi
C) New Delhi D) St. Petersburg
 
Answer & Explanation Answer: B) Sochi

Explanation:

Informal summit held in Sochi, Russia.

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Filed Under: Indian Politics
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